Nairobi, August 4, 2022: The African Union (AU) and the Common Market for Southern and Eastern Africa (COMESA), today officially launched their joint election observation mission to the upcoming General Elections in Kenya. The Joint Mission is led by former President of Sierra Leone, Ernest Bai Koroma, supported by former Minister of Health and Social…
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Harare, Friday, July, 29, 2022: Youth delegates attending the 2nd High Level Ministerial Conference on youth, peace and security have presented a six-point shared vision for their agenda to Ministers in charge of youth affairs in the southern African region. The six points focus on strengthening the continental, regional and national frameworks for youth inclusion…
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Harare, Monday, July 25, 2022: The preliminary technical meetings leading to the first-ever High-Level Youth Ministerial Conference targeting Regional Economic Communities, Regional Mechanisms, relevant Ministries in the Southern Africa Region and National Youth Councils in the region begun today in Harare. It brought together youth leaders from the youth councils, the AU Youth Envoy, African…
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Lusaka, Monday, July 18, 2022: The Tripartite Free Trade Area Agreement that brings together COMESA, East African Community (EAC) and the Southern African Development Community (SADC) Tripartite Free Trade Area has been hailed as a good model for regional integration. This followed a presentation on the success of the Tripartite FTA at the just concluded…
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Thirty-two economists from 12 Central Banks in the COMESA region have been trained on the basic Dynamic Stochastic General Equilibrium (DSGE) Modelling and Time Series Analysis. These are used in monetary policy formulation in inflation and targeting monetary policy regime to which most COMESA Central Banks are transitioning. The training was conducted virtually on 11…
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Former Prime Minister of Ethiopia, H.E Hailemariam Desalegn, who is now the Board Chair of the Alliance for Green Revolution for Africa met with COMESA Secretary General Chileshe Kapwepwe, Saturday, July 16 in Lusaka, Zambia. Their talks focused on AGRA’s bid to become an agency of the African Union. COMESA pledged to support and advocate…
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Lusaka, Zambia, Thursday, 14 July 2022: The African Development Bank and the Common Market for Eastern and Southern Africa (COMESA) have signed a Letter of Agreement for a US$550,000 NEPAD Infrastructure Project Preparation Facility grant to support a feasibility study for setting up an Africa Cloud Ecosystem (ACE) project. The grant will support the first…
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National consultations on the COMESA Early Warning System (COMWARN) Structural Vulnerability Assessments Methodology (SVAs) got underway in Mauritius on 6 July 2022 involving government and key stakeholders. The three days consultations held in Port Louis aim at developing an early warning system based on structural data. These reports provide Member States with the projected structural…
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COMESA scooped the top award as the best international exhibitor at the just concluded international trade fair that took place in Ndola town in Zambia’s Copperbelt Province 29 June – 5 July 2022. Zambia’s President H.E. Hakainde Hichilema presented the Best International Exhibitor trophy to the COMESA expo team after the official opening of the…
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One of the key roles of a government is to develop the national budget as a guide towards achieving specific development and social objectives. This includes determining the resource envelope namely; domestic revenue (tax and non-tax revenue), donor grants, and the borrowing needs for funding the identified priorities. Quite often, fiscal outturns differ substantially from…
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